Sam Seder
@TheMajorityReport·2M subscribers·30.1K videos
Historian Hilariously Talks Over Trickle-Down Shill
Posted
December 11, 2017
Views
233,726
Likes
4,479
Comments
1,119
Engagement
2.40%
December 11, 2017
233,726
4,479
1,119
2.40%
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7:45Now PlayingIn this Majority Report clip, Robert McElvaine cannot be stopped!
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"Donald Trump’s flagship tax reform bill could cause a severe recession, an economic historian has warned.
Professor Robert McElvaine, a leading expert on the Great Depression, said the Republicans are “sprinting towards an economic cliff” as they attempt to introduce sweeping tax cuts that will be “catastrophic” for the US economy.
The Republicans’ Tax Cuts and Jobs Act is currently being debated by the Senate and could be approved this week. The changes constitute a key part of Mr Trump's agenda and he has repeatedly boasted of his plans to cut taxes.
Supporters say the bill will generate economic growth and create thousands of jobs but critics, including Professor McElvaine, have highlighted a Congressional Budget Office finding that people earning less than $100,000 will see their taxes rise while the super-rich, including Mr Trump, will pay less."*
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